Crypto exchange Binance to buy rival FTX in apparent bailout
The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in the latest example of how fortunes can change rapidly in the crypto world.
Nov 8, 2022
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Business
News tagged with stake
Automotive
Porsche shares rise in one of Europe's largest market debuts
Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company Volkswagen raised 9.4 billion euros ($9.1 billion) for one of the largest initial public offerings in European history.
Sep 29, 2022
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Tencent buys stake in Japanese gaming firm behind Elden Ring
Chinese gaming giant Tencent has bought a minority stake in Japanese game developer FromSoftware, maker of the smash-hit fantasy title Elden Ring, the Tokyo-based firm said Wednesday.
Aug 31, 2022
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Business
Berlin to sell part of its stake in Lufthansa group
The German government said Monday it will sell part of the 20 percent stake it took last year in Lufthansa to prop up the airline group during the coronavirus pandemic.
Aug 16, 2021
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Business
New Italian airline to take off on October 15
Tough talks between Italy and the European Commission on a plan to replace struggling Alitalia have laid the groundwork for a new, streamlined flag carrier, the economy ministry said Thursday.
Jul 15, 2021
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Business
Indian food delivery giant Zomato eyes $1.3bn IPO
Indian food delivery giant Zomato announced plans Thursday to raise 93.75 billion rupees ($1.3 billion) via an initial public offering, the latest firm to take advantage of a strong rally in local equities.
Jul 8, 2021
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Business
TikTok urges US court order to block Trump ban
A federal judge Thursday urged the Trump administration to consider delaying a ban on new downloads of the popular video app TikTok and hinted he might block the government's order set to take effect on Sunday.
Sep 24, 2020
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Business
Trump says no TikTok deal yet amid security concerns
President Donald Trump said on Wednesday he wasn't ready to approve a deal for an American company to partner with Chinese-owned video app TikTok, which would allow it to continue operating in the United States.
Sep 17, 2020
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Business
Trump says airline rescue plan coming soon
US President Donald Trump said Thursday his administration would present a plan this weekend to save the flagging airline industry, which is facing vastly reduced business as a result of the coronavirus pandemic.
Apr 10, 2020
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Business
New Delhi to sell full stake in debt-ridden Air India
New Delhi intends to sell its entire stake in the debt-crippled national carrier Air India, the government announced Monday, after failing previously to secure any bids for a majority share.
Jan 27, 2020
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